Stats NZ

The significant decrease in fruit and vegetable prices has been a major factor in the overall modest inflation.

Stats NZ

5 months ago

Food prices see smallest annual increase since 2018

Food prices in New Zealand increased by a mere 0.2% in the year leading up to May 2024, marking the smallest annual rise since...

Auckland region had the largest increase in earnings over the year to March 2024, up to $64.9 billion from $59.6 billion in the March 2023 year.

Stats NZ

5 months ago

Total gross earnings in New Zealand up by 8.6% in year to March 2024

Total gross earnings for the March 2024 year rose by 8.6% ($13.8 billion) compared with the previous year, according to Stats NZ. The total...

Over the past 12 months, food prices have increased by 0.8%, a significant slowdown from the 12.5% increase recorded at the same time last year.

Stats NZ

6 months ago

Rising prices for food and international airfares recorded in April 2024

Food prices in New Zealand have seen a modest increase of 0.6% in April 2024 compared to the previous month, with international airfares jumping...

As of June 2023, the national sheep flock has decreased by 3%, a reduction of 773,000, leaving the total at 24.4 million.

Stats NZ

6 months ago

Decline in New Zealand's livestock numbers linked to reduced grassland areas

New Zealand's livestock population has experienced a notable decrease, with sheep and cattle numbers dropping as grasslands diminish, according to the latest figures...

The year witnessed 15,166 stand-alone houses being consented, which is down 23% from the previous year.

Stats NZ

6 months ago

Annual home consents in New Zealand plummet by 25%

New Zealand has seen a significant drop in the number of new homes consented in the year ended March 2024, with figures declining by...

Interest payments surged by 28% in the year to March 2024, significantly impacting living costs.

Stats NZ

6 months ago

New Zealand households face 6.2% increase in living costs

In the 12 months leading up to the March 2024 quarter, the cost of living for the average New Zealand household rose by 6.2%,...

In terms of employment, the R&D sector saw wages and salaries account for 60% of the total expenditure. (Stock photo: Chokniti Khongchum via Pexels)".

Stats NZ

6 months ago

New Zealand's business sector R&D investment hits record $3.7 billion

Research and development (R&D) spending in New Zealand's business sector surged to a new high of $3.7 billion in 2023, marking the largest annual...

As New Zealand continues to navigate these inflationary pressures, the focus remains on policy responses from the RBNZ and other governmental measures to stabilise the economy.

Stats NZ

6 months ago

Annual inflation in New Zealand stabilises at 4% but still overshoots official targets

The recent data from Statistics New Zealand indicates a 4.0% rise in the Consumer Price Index (CPI) for the year ending March 2024,...

Food prices see smallest annual increase since 2018

Total gross earnings in New Zealand up by 8.6% in year to March 2024

Rising prices for food and international airfares recorded in April 2024

Decline in New Zealand's livestock numbers linked to reduced grassland areas

Annual home consents in New Zealand plummet by 25%

New Zealand households face 6.2% increase in living costs

New Zealand's business sector R&D investment hits record $3.7 billion

Annual inflation in New Zealand stabilises at 4% but still overshoots official targets

Featured News

Household spending surpasses income as net worth drops by $47 billion

Food prices see smallest annual increase since 2018

Record surge in migrant arrivals and departures for New Zealand in April 2024

Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

Total gross earnings in New Zealand up by 8.6% in year to March 2024